CA > Los Angeles
Los Angeles, CA 90028,5923 Carlton Way
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Los Angeles, CA 90028,5923 Carlton Way
Los Angeles, CA 90028,5923 Carlton Way
Los Angeles, CA 90028,5923 Carlton Way
Los Angeles, CA 90028,5923 Carlton Way
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Karen Hiatt

Karen Hiatt

+1(805) 551-1225
Listed by Brian Noh • Nohco Real Estate
$ 2,900,000
Est. payment /mo
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Active

5923 Carlton Way Los Angeles, CA 90028

9,248 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 9,248 sqft

Price per Sqft $313

MLS Listing ID OC-25129260

Year Built 1961

Lot Size 8,376 Sqft

Property Sub-Type Apartment

Property Description

5923 Carlton Way presents a well-located 12-unit multifamily asset in the highly desirable Hollywood submarket--an area known for strong tenant demand, limited inventory, and proximity to world-renowned landmarks and new developments. Built in 1961, the two-story property offers approximately 9,248 square feet of rentable space on an 8,325 SF lot zoned LA-R4. The unit mix includes (8) one-bed/one-bath & (4) two-bed/two-bath units, appealing to a wide renter demographic. The property features 14 covered carport parking spaces--an increasingly rare amenity in this high-density neighborhood. These parking spaces also offer a significant value-add opportunity, with potential for conversion into ADUs for additional income. Recent capital improvements include a completed soft-story seismic retrofit, ensuring structural compliance and reducing future capital expenditure. Additional amenities include a coin-operated laundry room, rooftop access, and scenic views of the Hollywood Sign. The property sits directly adjacent to the tranquil Carlton Way Park and is within close proximity to major Hollywood landmarks, developments, and entertainment hubs. 5923 Carlton Way represents a rare opportunity to acquire a stabilized with both in-place cash flow and upside potential in one of Los Angeles' most dynamic rental markets. This is part of the Hollywood Collection offering and can be purchased individually or together with 5947 Carlton Way & 1545 Gordon St.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR4

Interior

Interior Features Ceiling Fan(s), Granite Counters

Heating Wall Furnace

Flooring Carpet, Laminate, Tile

Fireplaces Type None

Laundry Gas Dryer Hookup, Individual Room, Washer Hookup

Exterior

Parking Features Carport

Pool None

Community Features Curbs, Sidewalks, Street Lights

Utilities Available Sewer Available, Water Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available

View Y/N Yes

View Landmark

Building

Lot Description 11-15 Units/Acre

Sewer Public Sewer

agent

Karen Hiatt

Advisor | License ID: 01966162

+1(805) 551-1225

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5923 Carlton Way